My 50DMA short script (still on the process of backtesting) worked. After the price sat on the 50DMA, it just broke down and now sitting on the 78DMA.
Maybe I can go long on current market orders at 89.15. Stop below the lows of the two bearish candle of 87.15. Target price around 105 levels just to close the gap. If price continues to slide down, I can re-enter at the midrange, 79.86, and still have a target of back filling the gap to 105.
Maybe I can go long on current market orders at 89.15. Stop below the lows of the two bearish candle of 87.15. Target price around 105 levels just to close the gap. If price continues to slide down, I can re-enter at the midrange, 79.86, and still have a target of back filling the gap to 105.